UBA ads

FCMB Group Plc has released its results for the nine months ended September 30, 2018. Here are highlights of the results.

Gross Earnings 

Gross Earnings for the group increased from N118 billion in 2017 to N132 billion in 2018. This marks a 11.8% increase year on year.

Profit Before Tax 

Profit Before Tax jumped from N6.8 billion in 2017 to N14.7 billion in 2018. This represents a 116% increase year on year.

Profit After tax 

Profit After Tax also increased from N5.4 billion in 2017 to N11.3 billion in 2018. This marks a 109% increase year on year.

Earnings Per Share  

Earnings per share jumped from N0.28 in 2017 to N0.57 in 2018. This represents a 103% increase year on year.


Current Share Price 

FCMB closed today’s trading session at N1.32, down 8.33%


Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.